A medical student will complete her residency and go into medical practice in 4 years. She needs to purchase expensive medical equipment to start the practice. In order to determine the amount of money that must be invested today to meet this capital need, all of the following are needed except:___________.1. Current cost of medical equipment2. Assumed rate of return3. Expected inflation rate
Answers
Answer:
3. Expected inflation rate
Explanation:
To determine the amount of money that the medical student must invest today to meet this capital need, she needs to know the current cost of medical equipment to have the the amount she needs to be able to buy the equipment. Also, she has to know the assumed rate of return to determine the amount of interest she will receive as the formula to calculate the money she needs today is:
PV= FV/(1+r)^n, where:
PV= present value
FV= future value
r= rate of return
n= number of periods of time
According to this, the answer is that the option that she doesn't need to find the amount of money that must be invested today to meet this capital need is the expected inflation rate as the formula to calculate the present value considers the amount she will need, the rate of return and the period of time.
Related Questions
Abardeen Corporation borrowed $113,000 from the bank on October 1, Year 1. The note had an 10 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did Abardeen pay for interest in Year 1
Answers
a. The cash that Abardeen pay for interest in Year 1 is $0.
b. Interest expense that was recognized is $2,825.
c The Total liabilities was reported is $115,825.
d. The amount of cash was paid to the bank is $118,650.
e. The amount of interest expense was reported is $2,825.
a. The amount of cash that Abardeen pay for interest in Year 1 is $0 reason being that the interest matured on March 31, 2017.
b. Interest expense:
Interest expense=($113,000 x 10% x 3 months /12)
Interest expense=$2,825
c. Total liabilities
Total liabilities= $113,000 + $2,825
Total liabilities = $115,825
d. Cash that was paid to the bank on March 31, 2017:
Cash= $113,000 Principal + ($113,000 × 10% × 6/12)] Interest
Cash= $113,000 Principal +$5,650 interest
Cash= $118,650
e. Interest expense reported on the 2017 income statement:
Interest expense=$113,000 × 10% ×3/12
Interest expense=$2,825
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1. The executive summary of a project report shall concentrate on a: Major project inputs and outputs: b. The degree of reliability of the data c. The margin of error in terms of uncertainty and risk The project design c/ All of the following
Answers
All the given options are part of the project management that happens in the company or a firm.
What is an executive summary of a project?An executive summary in the project the executives is a synopsis of the most basic data of your undertaking proposition. It's beginning and end that administration has to know when they land on your undertaking before they audit venture plan.
The management included "triangle" of extension, time, and cost has been illuminating undertakings starting from the primary colleague employed to achieve a task. In the essential arrangement of a triple limitation, one of three components can oblige an undertaking.
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Which of the following financial institutions is a not-for-profit organization?
Commercial Bank
Commercial Bank
Credit Union
Credit Union
Savings and Loan
Savings and Loan
All of the these are correct since financial institutions do not make profits
Answers
Answer:
Credit Union
Explanation:
A not for profit organization means the organization whose main goal is not to make the profit. Here the main goal is to provide the services for a particular services or to give the benefit to the people.
Like the financial services give to the members of the credit union
Therefore as per the given options, the second option is correct
Credit Union is a financial institution that is not for profit organization.
Credit union functions to serve the members by offering the products at affordable rates and fees. The credit union changes the interest fees into products it offers in this way the credit union is not for profit organization. Other financial institutions like commercial bank, savings and loan, banks give these profits to its shareholders.Learn more about bank:
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Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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What are folders within folders called?
Folders made within folders are known as......?
Answers
Answer:
subfolder
Explanation:
when majority group members who occupy lower levels in the hierarchy sense that their superiors expect them to behave in a racist manner, they are operating from which of these?
Answers
When majority group members who occupy lower levels in the hierarchy sense that their superiors expect them to behave in a racist manner, they are operating from a structural motive. The correct answer would be option B.
The word "social structure" refers to all of the interwoven links between the many social groupings and organizations that people form and join. Families, schools, religious organizations, social clubs, etc. are just a few of these groups. Social structures play a role in sociology by helping to create a framework for interpersonal interaction based on people's unique personalities, interests, and other characteristics. By giving people chances to connect, develop, feel safe and express themselves both individually and collectively, these varied groups contribute to the peaceful coexistence of individuals within society.
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Item1 10 points Time Remaining 59 minutes 50 seconds00:59:50 eBookItem 1 Time Remaining 59 minutes 50 seconds00:59:50 Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $150,000 and would have a sixteen-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $20,000 per year to operate and maintain, but would save $50,000 per year in labor and other costs. The old machine can be sold now for scrap for $15,000. The simple rate of return on the new machine is closest to (Ignore income taxes.)
Answers
Answer:
Denny Corporation
The simple rate of return on the new machine is closest to:
= 13.75%.
Explanation:
a) Data and Calculations:
Cost of new machine = $150,000
Estimated useful life = 16 years
Salvage Value = $0
Annual depreciation expense = $9,375 ($150,000/16)
Operation and maintenance cost per year = $20,000
Savings in labor and other costs per year = $50,000
The net savings in costs per year = $30,000 ($50,000 - $20,000)
Incremental net income = $20,625 ($30,000 - $9,375)
The simple rate of return = Net Savings per year/Cost of new machine * 100
= $20,625/$150,000 * 100
= 13.75%
b) This simple rate of return of 13.75% does not account for inflation or the time value of the investment. So there is no discounting or calculation of the present values of the investment and the incremental net income. Instead, it considers the annual depreciation expense that is attributable to the investment.
explanation of how business intelligence is used or could be used to support SpaceX's 3D printing process
Answers
By providing greater performance and efficiency business intelligence is could be used to support SpaceX's 3D printing process.
By providing insights into performance and efficiency, highlighting areas for improvement, forecasting future outcomes, real-time monitoring, and supply chain optimization, business intelligence can help SpaceX's 3D printing process.
SpaceX can optimize the printing process, avoid expensive errors, and increase efficiency by tracking key performance indicators, reviewing historical data, and monitoring the process in real-time. BI can also help cut costs and improve the supply chain. Overall, BI can offer SpaceX useful data driven decision making support so that it can keep innovating in the aerospace sector.
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What is the equilibrium quantity for phones?
Answers
Answer:
Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources
Explanation:
According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.
Ali enjoys her graphic design class, and her friends and teachers often tell her she has a good eye for detail. Which type of education and career would best fit Ali’s artistic talents?
O. completing an apprenticeship to become a carpenter
O. earning an associate’s degree to become a construction supervisor
O. completing physical training to become a construction laborer
O. earning a bachelor’s degree to become an interior designer
Answers
Answer:
D. earning a bachelor's degree to become an interior designer
Explanation:
Answer:
D
Explanation:
Just took the test
Based on what you have heard and read. do you think that the economy under the current administration is a bull or a bear? explain your answer?
Answers
Note that the US economy under the current administration is a bull market.
How is this so?The stock market is at an all-time high,and unemployment is at a record low. However,inflation is also high, which could lead to a bear market in the future.
The US economy has been growing steadily since Biden took office. The stock market has reached record highs,and unemployment has fallen to a record low.
This is due in part to Biden's policies,such as the American Rescue Plan and the Infrastructure Investment and Jobs Act
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12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
Answers
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
Roger works as a sales manager for Hi-Tech Solutions, a company that performs software consulting services. While working for Hi-Tech, Roger started a side business doing software consulting work and made $50,000 in it over the course of three years. Roger never informed Hi-Tech of his lucrative side business. If a court finds that Roger breached his duty of loyalty and orders him to pay Hi-Tech the $50,000 in profits he earned from his secret business, this is known as :____________
a. reinstatement.
b. disgorgement.
c. restoration.
d. replenishment.
Answers
Answer:
B, disgorgement
Explanation:
Funds that were received through illegal or unethical business transactions are disgorged, or paid back off.
Money that was acquired by unethical or unlawful business practices is repaid or disgorged. As a result, choice (B) is the correct response.
What is disgorgement?Disgorgement is the legally required return of illicit gains enforced by the courts on wrongdoers. Money that was obtained through unethical or unlawful business practices is disgorged, or handed back, frequently to people who were harmed by the activity along with interest and/or fines.
It is a specific law that tries to financially compensate those who have been wronged by restoring ill-gotten resources from the wrongdoer to the harmed parties.
Disgorgement is not a punitive civil action; it is a corrective civil action. This means that instead of harshly punishing wrongdoers, it aims to make people who have been injured whole.
Hence, Option (B) is the right choice.
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The downtown Kingston and Saint Andrew Centre were built for $400 million JAD in 2010 (Reid, 2012). The Centre is owned by the Jamaican Urban Development Corporation (UDC) and was formerly managed and operated by the Kingston and Saint Andrew Municipal Corporation (KSAMC) (Reid, 2012). Built as a multipurpose bus and taxi part the centre’s main function was to alleviate traffic congestion in downtown Kingston, especially in the parade area. The centre has become dilapidated and unmanageable due to a lack of usage by transport operators, commuters, implementation, enforcement, and a failure to have an effective transportation policy (Teachdem. n.d.).
Why was this project done and who are the main stakeholders? Which stakeholder (s) benefited from the project, and which did not? Who should be held accountable for this project?
2. Outline a detailed approach to successfully manage a similar project in the future. (Hint: Place special emphasis on stakeholders, risks, and scope).
3. Was this project successful in delivering value to Jamaica? Critically explain your answer.
4. Identify the main reasons for the project’s failure.
Answers
When a project reaches its goals and lives up to or above stakeholder expectations, it is deemed successful.
Who are the stakeholders ?
People who are stakeholders in your project are those who are interested in it or care about it. They are the individuals who actively participate in the project's work or who stand to gain or lose from the project. Motorists are stakeholders who benefit when a project to add lanes to a highway is managed. However, you have a detrimental impact on people who live close to the highway both during construction (because to the noise) and after (due to the long-lasting effects) (increased traffic noise and pollution).
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Question 6 of 10
A distribution manager at a company that has customers in all 50 states
considers that storing goods in every state will make them quickly available
to all customers. What other major factor should affect the decision on the
number of warehouses?
A. Operating 50 or more warehouses will be expensive.
B. Some transportation modes serve limited locations.
C. Operating 50 or more warehouses will increase safety risks.
D. The number of warehouses will affect the length of the
distribution channel.
Answers
Answer:
a.) was right for me
Explanation:
The other major factor should affect the decision on the number of warehouses that Operating 50 or more warehouses will be expensive.
Option A is an appropriate response.
What is a warehouse?While a warehouse is technically any building that stores physical products for any reason, a distribution center is a type of warehouse that is specifically designed for fulfilling orders for the purpose of distribution to other businesses or consumers.
A warehouse is a structure used to store goods. Manufacturers, importers, exporters, wholesalers, transportation companies, customs, and others use warehouses. They are typically large plain buildings located on the outskirts of cities, towns, or villages.
Some of the Factors to considers on deciding the number of warehouses are-
Customer baseSupplier network Foreign Trade Zones (FTZs)Proximity to transportationBuilding Availability and ExpandabilityLease RatesHence, Option A is an appropriate response.
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If 50000 is invested in simple interest rate of 8 percent what is the net amount payable at the end of 5 years
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The net amount payable at the end of 5 years with a simple interest rate of 8 percent on an initial investment of $50,000 would be $70,000.
Simple interest rate refers to the interest earned or paid on a principal amount based on a fixed percentage rate over a specific period of time. It is a straightforward method of calculating interest, where interest is not compounded or reinvested.
The formula for calculating simple interest is: Interest = Principal × Interest Rate × Time. Using the formula, you can determine the interest earned or paid on a principal amount over a specific period of time.
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Advise business on the role of intermediaries in the distribution process.
Answers
Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.
There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:
Assist in Sorting and Selection: Intermediaries help producers to sort and select their products, which saves time and money for producers.Assist in Breaking Bulk: Intermediaries buy goods in large quantities from producers and then break them into smaller quantities. This makes it possible for producers to sell their products in smaller quantities, making it possible for consumers to afford them.Helps in Transporting Goods: Intermediaries help in transporting products from producers to consumers by offering transportation services at lower costs. They also assist in the warehousing of goods, which helps in the storage and protection of goods.Assist in Financing: Intermediaries play an important role in financing. They buy goods from producers, hold them, and then sell them to consumers. This helps to reduce the risk of loss for producers by providing cash up front for goods sold. They also offer credit facilities to consumers, which makes it possible for them to buy goods without having to pay cash upfront.Help in Providing Information: Intermediaries help to provide information about products and services to consumers, making it easier for them to make informed decisions. They also help to provide feedback to producers about the quality of their products and services.For more such questions on marketing
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If you wish to receive R57145 in two years time and you can earn an interest rate of 8% per annum compounded annually how much in rands (no cents) should you invest today?
Answers
You should invest R57145 in rands today. Interest is the fee paid for having access to borrowed funds.
While the interest rate used to compute interest is often reported as an annual percentage rate (APR), interest expense or revenue is frequently expressed as a dollar figure. The compensation a lender or financial organization receives for giving out money is called interest. The percentage of a stockholder's ownership in a corporation that is also referred to as interest.
The cost of borrowing money is called interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). Lenders may charge interest to borrowers for using their funds, or borrowers may charge interest to lenders for using their funds.
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a purchaser who buys without notice of any circumstance that would put a person of ordinary prudence on inquiry as to whether the seller has valid title to the goods being sold.O good faith purchaserO shipment contractO insolventO bad faith purchaser
Answers
A purchaser who buys without notice of any circumstance that would put a person of ordinary prudence on inquiry as to whether the seller has valid title to the goods being sold is known as a good faith purchaser. Option (A) is correct answer.
A good faith purchaser is a buyer who purchases something from another individual or organization without knowing of any defects, liens, or other issues with the item. They are unaware of any issues that a prudent person would have investigated and can therefore take ownership of the product in good faith, without having to worry about other parties' rights or claims.
A purchaser who is lacking in ordinary prudence is one who is unaware of or unconcerned about risks or probable outcomes. They do not have the foresight or thoughtfulness that a reasonable person would, and they do not act with the level of caution that a prudent person would. The term shipment contract refers to a contract in which the goods are delivered to a carrier for transportation. Once the goods have been delivered to the carrier, they become the carrier's responsibility.
The buyer and seller have come to an agreement on the place of delivery, and the buyer has agreed to pay the price of the goods. The buyer is obligated to take the necessary actions to take delivery of the goods, but the seller is not responsible for any delays, difficulties, or losses that occur during transportation. Therefore option (A) is correct answer.
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Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin
Answers
describe the efforts that local governments should make to increase local revenue from the tax sector!
Answers
Answer:
I need help too, I'm about to fail this
Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answers
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
Phil Carter, President of Carter Computer Components, Corp. has the option of shipping computer transformers from its Singapore plant via container ship or airfreight. The typical shipment has a value of $75,000. A container ship takes 24 days and costs $5,000; airfreight takes 1 day and costs $8,000. Holding cost is estimated to be 40% in either case. How should shipments be made
Answers
Answer:
yes
Explanation:
i could you please let me know if you can tell to my account she
I'm dealing with "internal economies of scale". We are considering monopolistic competition as an example. We assumed that firms are symmetric: they face the same demand function and have the same cost function.
Why do firms falling in this situation, have different marginal cost functions? Why is it true that some are well performing and some are not?
Answers
Answer:
The concept of Micro-Economics are the elasticity of demand, marginal costs, the ... firm. ME deals with Demand analysis, Forecasting, Production function, Cost ... same. Because this is the world of competition and it has to be faced with all the possible options. 5. ... When we consider the demand for a commodity by all the.
How important are structure and culture compared to the other primary internal considerations for a strategic plan?
Answers
Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.
Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.
An effective structure enables employees to work together efficiently, leading to a higher level of productivity.
Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.
A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.
In conclusion, structure and culture are essential components of an organization's strategic plan.
By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.
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A company’s product is the combination of all product it offers
Answers
The statement "A company’s product is the combination of all product it offers" is incorrect, product mix is the combination of all product it offers.
The product mix consists of several product lines that a company offers for sale to buyers.
That is, it is the combination of products used as a marketing strategy in which a company offers a variety of products or services to its target audience.
Sometimes referred to as a product assortment, it has to do with the number of products and the type of products offered in each line, and the relevance of those products to consumers.
Therefore, we can conclude that the product mix is the combination of all product a company offers.
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Does Ghana have competitive advantage in telecommunication industry outline with Porter's five forces elements
Answers
Answer:
Explanation:) Does Ghana have a competitive advantage in the telecommunication industry? Your answer must include the following elements:
a) A clear outline of Porter’s five force framework with supporting references.
[10marks]
1. Do you think the minimum wage should be increased in California, as is proposed? Why or why not? Remember, many firms must give everyone raises when minimum wage increases to keep all their workers happy. 2. In your opinion, what was the original purpose of the minimum wage? Was it meant to be a living wage?
Answers
11. John rates Peter an average worker, “excellent” on all his performance evaluations. The rest of staff suspects that Peter gets high ratings because he graduated from the same prestigious university and was a member of the same fraternity as John. If this were accurate, what rating error has the staff identified? Explain your answer
Answers
Considering the situation described in the question, if the allegations were accurate, the rating error the staff identified is known as the "Similarity Bias" error.
This is because the Similarity Bias is a type of rating error where the rater rates a person or candidate higher than he deserves because they shared or have some similarities like having played for the same football team or attended the same school.There are other types of rating bias that do not apply to this situation.These include Halo bias and Leniency bias.Hence in this case the correct answer is "Similarity Bias"
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Which answer best illustrates what trade-offs are?
